USD/CAD Extends Slide ahead of Job Reports
Canada’s employment change expected to slow US nonfarm payrolls projected to fall to 179,000 Canadian […]
Canadian Dollar Edges Lower ahead of US, Canadian Mfg. PMIs
Canada’s GDP rose 0.1% in March US, Canada to release Manufacturing PMIs After a 2 […]
The Weekly Bottom Line: Core Inflation Remains Elevated, Fed to Hike Next Week
U.S. Highlights U.S. real GDP growth slowed to 1.1% quarter-over-quarter (q/q) annualized in 2023 Q1, […]
U.S. Fed Ponders Another Hike Ahead of April Labour Market Data
We expect Canadian employment edged up by about 12,000 in April—the smallest increase since September. […]
Week Ahead – Fed and ECB Decisions Set the Stage for US Payrolls
An explosive week lies ahead for global markets, featuring central bank decisions in the United […]
Canada’s Economy Continues to Grow in February, Points to a Slight Decline in March
The Canadian economy expanded by 0.1% month/month (m/m) in February, below Statistics Canada’s flash estimate […]
Dollar Weakens Against Europeans Following Inflation Data, Yen Continues Post-BoJ Selloff
Dollar is facing renewed pressure against European majors in early US trading sessions due to […]
Canada GDP grew 0.1% mom in Feb, but down -0.1% in Mar
Canada GDP grew 0.1% mom in February, below expectation of 0.2% mom. Both services-producing industries […]
Temporary First Republic-Related Stress to Fade Further
Markets First Republic shares remain in tailspin, but spillover to other markets was way smaller […]
The Weekly Bottom Line: Housing Falls as the Fed Blackout Period Begins
U.S. Highlights China’s economy saw solid growth in the first quarter, with a strong rebound […]
Canada retail sales down -0.2% mom in Feb, smaller than expected
Canada retail sales contracted -0.2% mom to CAD 66.3B in February, better than expectation of […]
BoC Macklem: Getting inflation down to 2% would be more difficult
BoC Governor Tiff Macklem has reiterated the central bank’s commitment to restore price stability, stating […]